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FalconX

FalconX is a built on the , launched in May 2024. Leveraging the speed and power of the Solana network, it introduces the FalconX (FALX) token. FALX serves as the native , fostering a self-sustaining ecosystem by rewarding holders and ensuring an efficient economic model.[1][2]

On the 16th of May, FalconX announced the successful completion of the FalXDex PinkSale Fairlaunch presale. The event, which began on May 8, 2024, and concluded on May 15, 2024, garnered an impressive 2162 Sol, marking a significant milestone for this .[3]

Overview

FalconX, launched in 2024, is a built on the , offering the FalXDex (FALX) token. The platform emphasizes speed, security, and user experience, leveraging Solana's high-performance network. FalconX ensures high liquidity, facilitating seamless trading experiences for users. By harnessing Solana's network capabilities, transactions on FalconX are executed swiftly and securely. Additionally, FalconX's non-custodial trading model allows users to retain control over their assets at all times.[1]
wikiFalconX has also prioritized its user experience by offering a user-friendly interface and innovative features, including an Anti-MEV RPC, reduced fees on open market trades, and a staking protocol that redistributes 50% of rewards to the top 100 stakers. This combination of these features makes FalconX an attractive option for traders and investors seeking a reliable and efficient decentralized trading platform.[4]

Central to FalconX's ethos is its unwavering commitment to compliance. The project founder's transparent identity, verified through KYC, sets a standard for trust and reliability. To further fortify its security measures, FalconX requires KYC verification for its smart contract developers, ensuring a secure trading environment. The project received the certificate of compliance from SolidProof and also passed the KYC on Pink sale.[5]

Features

Fast and secure trading

FalconX offers fast and secure trading, leveraging Solana's high-performance network to ensure swift order execution while implementing robust security measures to protect users' assets and information. This combination provides users with a reliable and efficient trading platform that meets the demands of the market.

High liquidity

In FalconX, high liquidity is a key feature that ensures a wide range of trading pairs with substantial trading volume. This feature allows traders to buy or sell assets at fair market prices without experiencing significant price slippage. FalconX achieves high liquidity by attracting a large number of traders and liquidity providers to its platform, making it an efficient and reliable decentralized trading venue.

Full transparency with the community

FalconX prioritizes full transparency with its community, ensuring open and honest communication. This commitment builds trust by providing clear information about the platform's operations, development roadmap, and governance decisions. It features a doxxed founder who has passed KYC, demonstrating a commitment to transparency and trust. Additionally, the platform requires the smart contract developer to pass KYC, further enhancing its security measures and credibility.[1][5]

FALX token

$FALX is the native token of FalconX, It was launched on the on May 17th, after completing a large 2000+ $SOL fair launch on Pinksale. $FALX is a crucial component that fuels the platform. With a fixed total supply of 10 billion FALX tokens, adhering to the token type, the FALX token aims to deliver sustainable value and growth for its holders.[6]

$FALX tokens can be traded on and which include MEXC, , and .[7]

Token Allocation

  • Airdrop - 0.7 billion $FALX
  • Marketing - 1.2 billion $FALX
  • Presale - 3 billion FALX
  • Staking Rewards - 1.4 billion $FALX
  • Liquidity - 2.85 billion $FALX
  • Team - 0.85 billion $FALX

Multi-Signature Wallets Detailed:
- Staking Wallet (14%)
- Marketing Wallet (12%) and
- Airdrops SolX (7%)
wikiThis represents 33% of the total (labeled unlocked on the PinkSale chart), requiring the approval and execution of an agreed transaction by three people. These transactions will include refilling the staking rewards contract, conducting project marketing, and sending FALX airdrops.

Having these Multi-Signature wallets provides FalconX with an extra layer of security and protection.[8]

FALX Token Utility

The $FALX token serves multiple purposes:

  • Native DEX: The token has launched and is tradable directly on the FalXDex website.
  • Long-term FALX value: Due to fixed total supply without minting, the value of the FALX token is likely to increase over time.
  • Staking Rewards: Users can stake their FALX tokens to earn passive income and help secure the platform (after staking will be launched, both for single token and LP).
  • A portion of the Dex's fees collected is going to be distributed weekly by way of airdrop, to the top 100 FALX stakers.
  • Fees collected from staking, harvesting & unstaking, all feed back into the FalXDex ecosystem (Staking & harvest fee = 1.5% with unstaking being 1%)[9]

Team Members

The team comprises members with diverse expertise in cryptocurrency. The project's founder is doxxed and has completed KYC.

  • Matt ‘EpicDefi Nomadz’ - Founder of FalXDex
  • Jk0x0kJ - Blockchain Developer
  • Lissanro Rayen - Front-End Web Developer
  • Monopoly - FALX Marketing/Advisory
  • Albert - FALX Marketing[10]

Roadmap

Q2 2024

  • Community build
  • The Founder doxxed and passed KYC
  • Token creation
  • Video AMA
  • Token presale on PinkSale
  • Audit
  • Token launch
  • Listing on CoinMarketCap
  • Listing on Raydium
  • Listing on CoinGecko
  • Marketing & trending push
  • Single Asset Staking
  • Farm & Pool launch

Q3 2024

  • Partnerships
  • Telegram bot integration
  • FalXDex NFT launch
  • Influencer onboarding
  • Top 10 CEX listing
  • Cross-chain bridge

Q4 2024

  • Create our very own FalXDex Router
  • FalXDex Cross-chain bridge launch
  • FalXDex NFT gaming development (DeFi gamification)
  • AI integration.[11]
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FalconX

Commit Info

Edited By

0x73477B81a32e174bd5d951C88254b9883D20bd8B
Fwah

Edited On

June 12, 2024

Reason for edit:

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